Putnam Lake, NY Cost of Living


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How much do I need to live in Putnam Lake, New York?
$4,680 / month
for a family, 13.3% less expensive than the national average A total of $56,160 for the year for a family.
$6,633 / month
for a single person, 39.1% more expensive than the national average A total of $79,600 for the year for a single person.

Putnam Lake cost of living score
135.2
More expensive
35.2% higher
than the US average
11.3% higher
than the New York average
Putnam Lake, New York gets a BestPlaces Cost of Living score of 135.2, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 35.2% higher than the U.S. average and 11.3% lower than the average for New York.

Putnam Lake, NY

Housing costs in Putnam Lake?
A typical home costs $0, which is 100.0% less expensive than the national average of $338,100 and 100.0% less expensive than the average New York home, at $413,600. Renting a two-bedroom unit in Putnam Lake costs $2,240 per month, which is 56.6% more than the national average of $1,430 and 12.5% more than the state average of $1,960.

Can I afford Putnam Lake?
To live comfortably in Putnam Lake, New York, a minimum annual income of $56,160 for a family, and $79,600 for a single person is recommended.

What does A.I. say about Putnam Lake?
Living in Putnam Lake, NY is slightly more expensive than the average US city. The median house value is higher than the national average, coming in at around $338,100. This is indicative of the overall cost of living in Putnam Lake, which is above the US average of 100. However, this doesn't tell the whole story as there are factors beyond just buying a home that can make the area even more expensive to live in. For example, daily costs such as groceries and transportation can be higher due to its rural setting and lack of public transportation options. Although it may be slightly more expensive than other cities, Putnam Lake offers a beautiful setting and friendly community atmosphere that makes it an attractive location to call home.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesPutnam LakeNew YorkUnited States
    Unlock121.5100.0
Grocery 103.8100

   100=National Average

   Average Rent by Bedroom Size
Crime
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